A measure of value that represents the value obtained (i.e., the price received) from selling an asset (or broadly an economic resource) or the value surrendered (i.e., the price paid) upon transferring a liability all in an exchange-like transaction, and net of selling/ disposal costs. For an entity holding the asset or liability, this transaction takes place in a principal market (most active market), or in the absence of such a market, in a most advantageous market.

An exit value is a net amount, being the difference between selling price and selling costs in the normal course of business:

Exit value = selling price – selling costs

This measure of value is also known as net realizable value (NRV). It belongs to the broader class of current market values.

On the other side of the market, there is the so-called entry value.